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650 NE 32nd St # 4407, Miami FL 33137

Condo/Co-op For Sale
$798,500

BTC: 12.64449723

ETH: 500.72427870

29 days
Waterfront
1 bds
2 ba
898 sqft

Overview

Rarely available for rent, this sophisticated 1 Bed + Den, 2 Bath residence at Paraiso Bay offers refined waterfront living with breathtaking bay and skyline views and upgraded finishes Designed with elevated custom finishes throughout, the unit features a bespoke kitchen island with a stone waterfall countertop, a beautifully appointed den, and three custom closets in the primary suite. The primary bathroom has been upgraded into a spa-like retreat with a high-end triple-control shower system, while distinctive design details including a custom black mirror wall and electric blackout shades — create a sleek, modern atmosphere. Enjoy the privacy and exclusivity of direct elevator entry, along with a generous 215 sq. ft. terrace ideal for relaxing or entertaining while overlooking Miami’s iconic waterfront. Paraiso Bay offers some of Edgewater’s most complete resort-style amenities, including a lagoon-style pool, state-of-the-art fitness center, spa, tennis courts, theater, bowling alley, children’s playroom, and elegant social spaces. Perfectly located minutes from Wynwood, the Design District, Midtown, Miami Beach, Brickell, and Miami International Airport, this residence delivers the ideal combination of luxury, privacy, design, and convenience in one of Miami’s most desirable waterfront communities. Currently rented 5300/month with possibility of extending lease or 1 month notice

Location

Details

Type:
Residential
Parking:
1 Space
Year Built:
2018
Lot:
No Data
Heating:
Central
Price/sqft:
$889
Cooling:
Central Air
HOA:
$1,200

Valuation

Our model vs. what's actually selling nearby.
Estimate
$615,000
$439K – $798K
Confidence Low
List vs. estimate
$183K above estimate
List $798,500 · +29.8%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$889
+59.2% vs. city median $558
Based on
1075 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $967K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$12,922
2025
HOA
$1,200/mo
View
Bay, Ocean View
Waterfront
Yes
Garage
1 car garage
Pets
Restrictions Or Possible Restrictions
All facts and features
  • Flooring

    • Marble

    • Vinyl

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Dryer

    • Ice Maker

    • Refrigerator

    • Trash Compactor

    • Wall Oven

    • Washer

    Other interior features

    • Built-in Features

    • Closet Cabinetry

    • Cooking Island

    • Elevator

    • Entrance Foyer

    • Walk-In Closet(s)

    Bedrooms and bathrooms

    • Bedrooms: 1

    • Full bathrooms: 2

  • Parking

    • 1 Space

    Property

    • Exterior Features: Open Balcony / Tennis Court(s)

    Other Property Information

    • Parcel Number: 01-32-30-093-3120

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Other financial information

    • HOA: $1,200

    • HOA Frequency: Monthly

    • Annual tax amount: $12,922

  • Source details

    • MLS ID: A12036869

    Other facts

    • Construction Materials: Concrete Block Construction

    • Patio And Porch Features: Open Balcony

    • Window Features: Clear Impact Glass / Blinds / High Impact Windows / Impact Glass

    • Direction Faces: Southeast

    • Architectural Style: High Rise

    • Waterfront: Yes

    • Garage Spaces: 1

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 898

    • Subdivision Name: PARAISO BAY CONDO,Paraiso Bay

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Alure Capital